Policy Instruments for Environmental and Natural Resource Management

This book by Thomas Sterner and Jessica Coria is an attempt to encourage more widespread and careful use of economic policy instruments. The book compares the accumulated experiences of the use of economic policy instruments in the U.S. and Europe, as well as in rich and poor countries in Asia, Africa, and Latin America. Ambitious in scope, it discusses the design of instruments that can be employed in any country in a wide range of contexts, including transportation, industrial pollution, water pricing, waste, fisheries, forests, and agriculture.

While deeply rooted in economics, Policy Instruments is informed by political, legal, ecological, and psychological research. The new edition enhances what has already been widely hailed as a highly innovative work. The book includes greatly expanded coverage of climate change, covering aspects related to policy design, international equity and discounting, voluntary carbon markets, permit trading in United States, and the Clean Development Mechanism. Focusing ever more on leading ideas in both theory and policy, the new edition brings experimental economics into the main of its discussions. It features expanded coverage of the monitoring and enforcement of environmental policy, technological change, the choice of policy instruments under imperfect competition, and subjects such as corporate social responsibility, bio-fuels, payments for ecosystem services, and REDD.

EfD Authors

Professor Thomas Sterner Research Fellow
PhD Jessica Coria Research Fellow

Keywords

Policy instruments

Centers

eeu sweden

Type of publication

EfD/RFF Books

Reference

Sterner, Thomas, Jessica Coria, Policy Instruments for Environmental and Natural Resource Management(2011). Routledge. Published by RFF Press.

Environment for Development

Environment for Development